An exceptional opportunity looms on the horizon for the JUV cryptocurrency! The chart reveals a perfectly orchestrated Double Bottom formation, marking a potential bull turn. With the two troughs aligned, we hit a sturdy stand, indicating constant buying pressure.
The recent rupture of the neck line, accompanied by an increase in volume, confirms the trend. This...
Bitcoin has extended northwest but more so sideways than up. With B Wave extending to 1.38 of A, we can expect the all too common, Extended Flat to manifest in bearish fashion. The most common targets for C wave of an Extended Flat are 1.23 and 1.618 of Wave AB. These targets will take us down to the range of $38K - $30K; also the same level as the previous...
Misaligned fib tool on my last call for top at $36.1
$36.3 was truly the top.
Like Al Pacino said, "life's a game of inches".
That's also what 'she' said.
Prepare for the drop and bounce from around the $27K area.
Okay so we are at a very important price point for ETHUSD. We have been respecting the area of the descending wedge for a while now and we are getting to the very bottom and there is a very key support level where we could see a big move up in price if we breakout of this pattern. REMEMBER that the wedge is only valid once we have a confirmed break and close on...
We are approaching the bottom of the descending wedge I have been looking at on ETHUSD. I wouldn't be surprised if we reach the bottom of the support level before breaking out of the wedge pattern. I also posted a short term wedge pattern on the 1D chart on the right, which could kick off the rise of ETH if we break above this pattern. REMEMBER wedge patterns are...
There is a descending wedge forming on BTCUSD right above an important support level. I wouldn't be surprised if we move a bit lower to the support level before breaking out of the wedge. Keep in mind the wedge will only be validated when we break AND close above the pattern.
Follow for more ideas like this one :)
We have retraced almost 100% of the huge up move we had last summer(2017) until January(2018). There are two MAJOR support levels left on ETH ( light blue horizontal boxes on chart ). Starting to accumulate VERY low leverage longs here could be a good play. Make sure the risk to reward is at least 2:1. Also at TP1 close 33-50% of you position and move stop to...
